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- Long-term bear trend strengthens after new 7 year low at 0.7348 was made on Wed
- Correction off closing in on 0.7400 intraday
- Stay with the sell strategy, offer at the 200 HMA by 0.7410
- Downside targets are the 0.7321 2008 low and the long-term fibo at 0.7256
- 0.7256 = 61.8% of of 0.5681 - 0.9805 life low to high move
